1003 3rd Avenue
Honolulu, HI 96816
- – beds
- – baths
- – sqft
- 15,600 sqft lot
- 1942 build
- – on site
HUGE PRICE REDUCTION! Investor's gem in the highly desired Kaimuki area. This rare opportunity with a lot size of 15,600 sq. ft. in a R-3.5 zone. The property currently has a total of 12 rental units (5 Studios, 6 One Bedroom, 1 Two Bedroom). 5 separate structures on a corner block of your own stretching from 3rd Ave to Palima Pl., across Pahoa Ave. Property has 11 individual electric meters, 11 individual gas meters, and 2 water meters. Conveniently located near freeway on/off ramps, handful of restaurants and businesses on Waialae Ave. & Kapahulu Ave, Market City Shopping Center, Kapahulu Shopping Center, Waikiki. Buyers to do their own due diligence. Photos with outlines are only for general guidelines and do not depict actual lot boundaries. ALL SHOWINGS ARE BY APPOINTMENT ONLY, PLEASE DO NOT ENTER THE PREMISES AND DISTURB THE TENANTS.
Last checked:
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Last updated Jun 26, 2024
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MLS# 202413986 —
The Building
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Year Built:1942
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Construction Materials:Single Wall
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Building Type:Multi Dwellings
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Stories:One, Two
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Roof:Asphalt Shingle, Other
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# of Units Total:12
Interior
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Furnished:Partial
Financial & Terms
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Financing:Cash, Conventional
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Land Tenure:FS - Fee Simple
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Possession:At Closing
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Foreclosure:No
Location
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Location:Other
The Property
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Parcel Number:1-3-2-010-048-0000
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Property Type:Multi-Family
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Property Subtype:Multi-Family
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Property Condition:Average
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Property Frontage:Other
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Lot Size Area:15,600 Sqft
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Lot Features:Other
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View:City, Other
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Topography:Gentle Slope, Level
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Zoning:07 - R-3.5 Residential District
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Flood Zone:Zone X
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Set Backs:C&C, Of Record
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Easements:Other
Listing Agent
- Contact info:
- Agent phone:
- (808) 277-0913
- Office phone:
- (808) 382-6871
Taxes
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Tax Year:2023
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Tax Amount:$861.78
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Tax Assessed Value:$2,954,700
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Tax Assessed Value Land:$2,726,500
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Tax Assessed Value Improvements:$228,200
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Tax Paid By Seller:No
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Tax Annual Amount:10341.36
The Listing
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Land Recorded:Regular System
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Disclosures:None
Utilities
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Utilities:Cable, Gas, Internet, Overhead Electricity, Public Water, Water
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Utilities Meters:Electric, Gas, Water
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Sewer:Connected
Appliances
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Laundry Facilities:None, Individual
The Community
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Amenities:None, A/C
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Recreation Facilities:None
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Neighbourhood:KAIMUKI
Parking
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Parking Total:12
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Parking Features:Open
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Other Parking Features:None
Extra Units
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# of Studio Units:6
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# of One Bed Units:5
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# of Two Bed Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/24
Jun 11, 2024
|
Listed / Active | HI_CENTRAL_MLS | $2,750,000 | 10.5% (5.5% / YR) |
4/5/24
Apr 5, 2024
|
Listed / Active | HI_CENTRAL_MLS | ||
3/20/24
Mar 20, 2024
|
Sold Subject To Contingencies | HI_CENTRAL_MLS |